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52weekhighs

NAKD - would you go naked? (pun intended! lol)NAKD caught my attention when they announced share offering @ $1.70 to raise $50m 2 days ago. The stock has been bottoming out since Dec 2019 (trading below the $2.60 resistence) with little market interest until they announced direct sharing offering (closing 1st Feb 2021). This chart has the hallmark of a multi-bagger, namely flattish bottoming that lasted for at least a year with some stealth accumulation since 2.5 months ago (marked increase in traded volume without moving the price much). A close above the $2.60 resistence would be v bullish (52 weeks high) and could propel the stock a fair bit higher. Either scale out at resistence along the way up or give it a wild trailing stop on the way up. Expect it to be very volatile by nature of it's cheap price hence position size accord to your risk tolerance. Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you. Feel free to give me your thoughts ! :)
NLong
by Juliac
12
GROW.V Breakout New 52 Week HighsIncreasing volume and price action past few weeks. Ascending triangle breakout confirmed today with rise above weekly ichimoku cloud. Low float micro cap stock. Disruptive agriculture tech increasing plant growth, new signed contracts and sales behind the run up. Previously ran to 0.70 in April 2019 with a lot less company traction and progress. Price target 0.30-0.35 from ascending triangle break, stop loss 0.20 at previous resistance. I am long GROW, recently doubled my shares at 0.15.
GLong
by Unlikely-Bite
TSM Long 12/23/2020TSM is a leading chip maker for some of the largest tech companies on the planet, including Apple, Sony, Huawei, Qualcomm, and others. It is pushing new all time highs & I bought in anticipation of a breakout to those new highs. I got long half of a position @ $104.14 with a stop @ $101.75. I didn't feel comfortable putting on a full sized position going into year-end, but if the trade continues to work for me, I am looking to add. With an initial stop loss of ~2.3%, I am looking for at least a 5% move from my initial entry price, which is roughly the $109.50 level.
NYSE:TSMLong
by apaqu
alibaba reaches 52 week high - short now or buy the dipAs Alibaba [BABA}, (currently in an uptrend), enters its 52 week high, and RSI & MACD are overbought, the time could be right to either: A) buy the dip at support (aggressive trade) or at resistance (a more accommodating trade) at the levels shown. or B) for those most adventurous - an aggressive short is likely to 193 (approx) then wait to buy back the dip either from resistance at 191.74 - 193.56 or from the support level at 164.28 - 166.72 (which seems most likely). Of course you could wait for an entry reason to continue the uptrend. However, always the aggressor, I would choose option (B). As always enjoy the day, have successs & good luck! Comments always welcome.
NYSE:BABAShort
by JayStieren
DCGD New Highs - What's The Next Catalyst?Justin has been busy getting appointed to other companies like MCTC and IGNG . Meanwhile, DCGD has added to its advisory board. But what comes next? New highs again today. Will there be a capital raise at any point? Interested to see the next quarterly filings. From Money Making Penny Stocks: One Is Up Over 21,000% This Quarter "This Has Been One Of The Best Penny Stocks of 2019 And PennyStocks.com Was All Over It! Back in July was when it first caught out attention. At the time, DCGD stock was trading around $0.07. A few days prior to that it was trading at $0.01. This week, DCGD broke the $2.15 mark. That makes a run of more than 21,000% from $0.01. And it wasn’t like the move was made on tiny trading volume either." Good points across the board in that piece .
D
by PennyStocks101